Answer:
take inventory on how much product he has and how much he needs
Explanation:
A niche market is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment.
Answer:
B) False
Explanation:
The survey information is a form of feedback which returns as information input to the company. Surveys are an extremely important tool that can help a company measure the perceived quality of their products or services. Any complaints received can help to improve the production process, and eventually improve your products and services. Some customers like being surveyed because they believe that the company cares about them and it increases their loyalty to the brand.
The definition of Balance of Payments states:
The difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment.
<h3>What is
Balance of Payments ?</h3>
The balance of payments is a tool in international trade that demonstrates the financial transaction made by a particular country with foreign countries. Its most often includes export, import and transfer payments.
Theoretically, it should be zero as a country's assets should equal the liabilities. However, in practice, that is not always the case, as the country's debits and credits can create a discrepancy in the balance of payments, which creates a surplus or deficit.
A favorable balance of payment means that a country exports exceed imports. B.O.P records economic transactions of goods and services as well as other payments such as international aid, capital flow, and international remittances. A Favorable or positive balance of payment means that the aggregate of country foreign inflow exceeds outflows.
Thus, we can say that above definition state Balance of Payments.
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Answer:
Depletion expense A/c Dr $84,525
To Accumulated depletion A/c
(Being the depletion expense for the first year is recorded)
Explanation:
The journal entry is presented below:
Depletion expense A/c Dr $84,525
To Accumulated depletion A/c
(Being the depletion expense for the first year is recorded)
The computation is shown below
First we have to compute the depletion per ton which is calculated below:
= (Acquired cost of coal mine + Intangible development costs + fair value of the obligation - Sale value) ÷ (Number of estimated tons of coal extracted)
= ($460,000 + $115,000 + $92,000 - $184,000) ÷ (4,600 tons)
= $105
Now if 805 tons are extracted in first year, so the depletion would be
= 805 tons × $105
= $84,525
